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API stands for Application Programming Interface, which offers the routines, protocols and tools for the application building. Telecom API provides a platform for a wide range of information transmitting technologies and communications infrastructures. It allows the telecom applications to communicate with each other, for several functionalities. Telecom API offers services to a large number of external developers. It can be entirely customized based on the needs of the industry.
Globally, the increasing adoption of IoT drives the growth of the telecom API market. Increasing user’s inclination towards cloud-based technology boost the demand for wireless communication technology, which positively impact the growth of the telecom API market.
The study analyses the global telecom API market based on type, end-users and geography.
Major types of telecom API covered in the study are SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery. The SMS segment is expected to contribute major share in the Telecom API market as it supports bi-directional Unicode and emojis, redundant network, reliable delivery, and data security.
By user type telecom API market is segmented into enterprise developer, long tail developer, partner developer and internal telecom developer. The enterprise segment is expected to be major dominating segment in the telecom API market. The increasing adoption of mobility tools like managed services, custom services, storage solutions and enterprise solution fuels the growth of the enterprise developer segment in the telecom API market.
The key competitors of the market Vodafone Group PLC (London, U.K.), Twilio, Inc. (California, U.S.), Alcatel-Lucent (Boulogne-Billancourt, France), AT&T, Inc. (Texas, U.S.) Telefonica (Madrid, Spain), Apigee Corporation (California, U.S.), Orange S.A. (Paris, France), Verizon Communications, Inc. (New York, U.S.), Xura, Inc. (Massachusetts, U.S.), Nexmo, Inc. (California, U.S.), Fortumo (Tartu, Estonia), LocationSmart (California, U.S.), Tropo, Inc. (California, U.S.), and Aspect Software (Massachusetts, U.S.).and others
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and the Rest of the World. North America held the largest market share of the telecom API market. Technological advancements drives the growth of the market in the region.
The study analyses the global telecom API market based on type, user type and geography. Major types of telecom API covered in the study are SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery. By user type telecom API market is segmented into enterprise developer, long tail developer, partner developer and internal telecom developer. The enterprise developer segment is expected to be major dominating segment in the telecom API market.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and the Rest of the World.
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